Please use this identifier to cite or link to this item: http://prr.hec.gov.pk/jspui/handle/123456789/18201
Title: The Impact of Institutional Quality on Social Cohesion
Authors: Nadeem, Muhammad
Keywords: Business Education
Economics
Issue Date: 2021
Publisher: National College of Business Administration & Economics, Lahore.
Abstract: Fractionalization and socioeconomic deprivation have been widely discussed as determinants of social cohesion. The current study has tried to discuss some other factors which may also be important for social cohesion with a particular focus on institutional quality. For this purpose, the role of institutional quality of: political, legal, economic, and overall have been analyzed along with other factors in the worldwide perspective. The current study employs the Least Squares Dummy Variables (LSDV) technique for estimation. The analysis is conducted for one hundred and thirty-five economies, using five-year average panel data from 1990 to 2010. The results suggest that: institutional quality (Overall, political, legal, economic) augments social cohesion. Gender equality and per capita income also augment social cohesion. Ethnic and religious polarization is a greater threat to social cohesion as compared to ethnic fractionalization, linguistic fractionalization. While income inequality, and globalization are also threat to social cohesion. Moreover, the threat to social cohesion is greater when there is: low institutional quality (political, legal, economic, overall) and high: ethnic fractionalization, linguistic fractionalization, ethnic polarization, religious polarization, globalization and income inequality as compared to a situation where there is the high institutional quality (political, legal, economic, overall) and low: ethnic fractionalization, linguistic fractionalization, ethnic polarization, religious polarization, globalization and income inequality. The results further suggest that the harmful effects of ethnic and religious polarization, ethnic fractionalization, linguistic fractionalization, globalization, and inequality can be, not only overcome by institutional quality but can also be put to use to enhance the level of social cohesion. KEYWORDS Social cohesion, Institutional quality, Fractionalization, Polarization, Income inequality, Globalization
Gov't Doc #: 24324
URI: http://prr.hec.gov.pk/jspui/handle/123456789/18201
Appears in Collections:PhD Thesis of All Public / Private Sector Universities / DAIs.

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